Monday’s 1-0 defeat at the hands of rivals Manchester City has convinced Ferguson he needs to spend big in during the close season to remain competitive with Roberto Mancini’s superstars who are two games away from sealing their first ever Premier League title.
Pique has emerged as a serious target as the Red Devil’s boss searches for a replacement for 33-year-old Rio Ferdinand after he endured a torrid evening at the Etihad Stadium that saw City leapfrog United at the top.
Ferguson lined up the 25-year-old after concerns grew over whether Ferdinand can handle the pace of the top-flight as he approaches the end of his illustrious career.
Despite spending over £60 million on Ashley Young, Phil Jones,and David De Gea last summer the 70-year-old has been promised substantial funds by chief executive David Gill.
His priority now is to try and lure Pique back to the red half of Manchester four-years after letting him depart for Barcelona. The Spain international began his career with the Catalan giants prior to his spell at United before moving back to the Nou Camp in 2008 going on establish himself as one of the best defenders in the world.
Ferguson is also keen to bring in a specialist right back and playmaking midfielder as a long-term successor for Paul Scholes who came out of retirement in January.
Inter Milan’s Wesley Sneijder came close to joining the club last year and could be targeted again whilst Lille star Eden Hazard is also on Fergie’s radar.
Shinji Kagawa, Gylfi Sigurdsson and Nicolas Gaitan are also being monitored should the Scot miss out on his prime transfer targets.